Agent Trial
Trading Prediction Markets AI Agent Context Fastest News API Agent Trial Log In Sign Up
News Wire / technology

Bank Teller Numbers Decline Due to Online Banking

WBUR Boston Boston 51d51d Impact 5
The number of bank tellers in the United States began to decline in the 2010s, not due to ATMs, but because of online banking. Some banks now operate without physical branches, encouraging customers to conduct all banking online. This shift has led to a reduction in teller positions. This trend is attributed to the increasing adoption of online banking services. Consequently, some tellers are transitioning to customer service roles.

Topics

online banking automation employment

Developing

  1. 898d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 898d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 898d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 898d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

WBUR Boston

“In this case, not because of ATMs, but because of online banking. Their banks that open where their whole kind of shtick is that they don't have bank branches at all.”

WBUR Boston

“your banking online. we do see declining numbers of bank tellers then.”

WBUR Boston

“Part of the reason that I do consider the ATM example hopeful is that there is eventually a point in the, let's say, 2010s when the number of bank tellers across the United States does start to decline. In this case, not because of ATMs, but because of online banking.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade